資產負債表僅顯示部份重要科目, 完整財報可參考這裡    玩股撇步(動畫小學堂)  

  • 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
  • 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
  • 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
  • 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
  • 最容易被操弄的資產是應收帳款, 存貨和長期投資
  • 如果有資金貸予他人要注意
  • 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
  • 圖表中的值是加一取對數, 目的是為了看趨勢
  • 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
  • 如果未分配盈餘為負, 就算當年有獲利也沒法配息
  • 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
資產負債表-近10年
現金及約當現金 YoY短期借款 YoY一年內到期長期負債 YoY資金貸予他人 YoY營收 YoY淨利 YoY應收帳款及票據 YoY應收帳款佔營收比(%) YoY存貨 YoY長期投資 YoY長期負債 YoY商譽及無形資產 YoY股本 YoY法定盈餘公積 YoY特別盈餘公積 YoY未分配盈餘 YoY保留盈餘 YoY其它權益 YoY配息能力 YoY非控制權益佔比 YoY
2023 (10)163.47-15.91115.08-32.7816.435.874.94-68.751898.45.2351.34-73.47159.74-27.038.41-30.66337.04-6.59651.554.56478.74-4.37121.5630.16403.138.0495.3826.127.120.0483.4-6.61605.91-2.3362.810546.216.430.0911.51
2022 (9)194.3987.13171.21140.8412.07-88.7415.81355.621804.0115.15193.5232.16218.9259.4312.1438.46360.813.96623.1324.92500.6255.0693.395298.27373.138.7475.6423.827.120.0517.6232.84620.3829.82-4.430513.1915.830.08314.36
2021 (8)103.88-13.0371.097.86107.1973.953.4701566.6539.2146.43118.85137.3129.878.76-6.7316.650.18498.8216.98322.862.81.73-1.14343.136.3661.112.5627.12-12.8389.6540.2477.8731.5453.422741.49443.0758.350.02-40.7
2020 (7)119.441.6365.91-47.0961.62-6.12001125.47-16.5166.91112.41105.73-6.179.3912.39210.81-4.26426.429.21314.0785.521.754.17322.6-3.0154.286.1631.1-23.08277.9226.2363.316.521.880279.847.940.03114.22
2019 (6)117.5324.95124.5724.2765.6443.82001348.04-29.3931.5-73.21112.68-27.898.362.12220.19-15.47390.45-4.3169.29-15.331.682.44332.60.051.1329.8440.4349.08220.23-13.62311.8-3.0-31.10189.13-11.840.02-38.4
2018 (5)94.06-14.12100.2447.0745.642569.01001909.1513.78117.5779.22156.275.28.19-7.54260.49-19.35407.9814.55199.93-8.921.64-3.53332.6-1.1939.3819.9927.120.0254.9592.55321.4567.13-40.430214.5239.920.020.48
2017 (4)109.5341.6268.1662.521.71-97.56001677.9317.0565.643.61148.547.658.85-8.03322.9719.07356.1719.29219.543.521.7-3.95336.6-0.8832.8216.1827.120.0132.4136.87192.3426.4520.910153.3274.70.02-17.18
2016 (3)77.34-12.9841.9451.1970.22149.8001433.55-4.0145.68185.14137.99-10.69.63-6.87271.2519.98298.575.54152.94-30.861.77-11.06339.6-5.0328.256.027.120.096.7461.07152.1133.63-8.98087.7662.970.03-1.18
2015 (2)88.8838.5127.74-55.5228.11159.56001493.38-8.3716.02-29.27154.35-4.3210.344.42226.08-1.31282.9-1.19221.193.241.99-1.0357.60.026.659.3127.120.060.0625.6113.8314.6-6.21053.85-25.570.031.4
2014 (1)64.17-15.0762.36-35.1410.83-88.06001629.879.6622.650161.32-7.549.90-15.68229.098.74286.32.84214.2477.02.011.01357.60.024.380.027.12-22.6747.82163.7699.3328.0224.53197.6972.35174.360.03-18.16
資產負債表-近20季
現金及約當現金 QoQ YoY短期借款 QoQ YoY一年內到期長期負債 QoQ YoY資金貸予他人 QoQ YoY營收 QoQ YoY淨利 QoQ YoY應收帳款及票據 QoQ YoY應收帳款佔營收比(%) QoQ YoY存貨 QoQ YoY長期投資 QoQ YoY長期負債 QoQ YoY商譽及無形資產 QoQ YoY股本 QoQ YoY法定盈餘公積 QoQ YoY特別盈餘公積 QoQ YoY未分配盈餘 QoQ YoY保留盈餘 QoQ YoY其它權益 QoQ YoY配息能力 QoQ YoY非控制權益佔比 QoQ YoY
23Q4 (20)163.4721.74-15.91115.08-13.98-32.7816.415.0135.874.94-84.31-68.75433.33-6.5-0.923.84-76.51-36.32159.74-29.26-27.038.41-29.11-30.66337.04-4.84-6.59651.552.214.56478.74-3.37-4.37121.56-6.0330.16403.130.08.0495.380.026.127.120.00.0483.40.68-6.61605.910.55-2.3362.81-34.031517.83546.21-5.066.430.09-1.0611.51
23Q3 (19)134.28-44.59-42.49133.7914.96-17.5414.2615.932128.1231.483.69789.27463.46-6.276.2416.3560.14-82.71225.816.612.1911.875.08-1.65354.26.9336.04637.48-0.0912.9495.430.0322.65129.36168.137.02403.130.08.0495.380.026.127.120.00.0480.123.88-5.58602.623.06-1.4195.2122.38291.65575.336.547.990.0982.9149.34
23Q2 (18)242.32194.9209.2116.38-33.09-47.8412.33.45-25.0930.361.67757.63494.47-2.5-2.0510.21-51.26-81.28211.81-0.0820.6811.300.4716.94331.25-8.37-12.01638.071.6730.73495.274.9424.3448.250.982657.14403.138.0417.4995.3826.126.127.120.00.0462.19-1.9511.68584.71.8413.1877.837.241078.79539.992.2628.430.05-0.77129.15
23Q1 (17)82.17-57.73-41.24173.941.5929.811.89-1.49-76.8929.8688.87727.15507.1415.9619.1720.95247.43-45.37211.99-3.1748.1111.24-7.3533.83361.520.2-2.79627.570.7125.78471.97-5.7218.4647.78-48.842569.27373.130.08.7475.640.023.827.120.00.0471.38-8.9310.12574.14-7.4511.2156.691379.68-4.64528.072.98.320.05-37.91152.31
22Q4 (16)194.39-16.7587.13171.215.53140.8412.071785.94-88.7415.81346.61355.62437.350.25-5.86.03-93.63-87.02218.92-0.9359.4312.140.5538.46360.838.5813.96623.1310.3624.92500.6223.9455.0693.39-1.085298.27373.130.08.7475.640.023.827.120.00.0517.621.832.84620.381.529.82-4.43-118.22-108.29513.19-3.6815.830.0832.51314.36
22Q3 (15)233.5197.95304.61162.24-27.2831.760.64-96.1-99.523.540.02.31436.25-13.583.2494.5973.4109.08220.9725.8965.3512.0724.9527.72260.36-30.84-10.6564.6215.6820.67403.931.4163.4794.415294.865388.95373.138.748.7475.640.023.827.120.00.0508.4722.8647.52611.2418.3241.1924.31268.3394.95532.7826.7249.170.06180.66259.28
22Q2 (14)78.37-43.96-19.61223.166.48120.4516.42-68.09-86.03.54-1.942.61504.8318.6228.9754.5542.2451.99175.5222.6332.899.6614.98-6.84376.471.2358.55488.09-2.170.32398.31-0.0351.41.75-2.230.0343.130.00.075.6423.839.3527.120.0-12.8413.85-3.3224.32516.610.0623.516.6-88.9-91.55420.45-13.762.30.029.26-20.44
22Q1 (13)139.8534.6377.86134.0188.5164.0551.46-51.99-37.533.614.034.03425.57-8.3447.5738.35-17.47103.66143.134.2437.198.40-4.15-5.55371.8817.4646.53498.940.0212.58398.4323.4143.241.793.471.13343.130.00.061.10.012.5627.120.0-12.8428.069.8644.19516.288.0435.0659.4511.2992.89487.5110.0348.770.021.97-31.96
21Q4 (12)103.8880.0-13.0371.09-42.267.86107.19-19.4773.953.470.290464.289.8848.8646.472.72147.97137.312.7529.878.76-7.25-6.7316.68.7150.18498.826.616.98322.8630.662.81.730.58-1.14343.130.06.3661.10.012.5627.120.0-12.8389.6513.0440.2477.8710.3931.5453.42328.392741.49443.0724.0558.350.0214.89-40.7
21Q3 (11)57.71-40.8-45.09123.1321.6777.65133.1113.49273.483.460.290422.557.9549.7245.2426.05147.48133.641.1851.959.45-8.8620.39291.2322.6536.64467.92-3.8322.62247.1-6.07-24.851.72-1.710.0343.130.04.4261.112.5612.5627.12-12.8-12.8344.693.5433.28432.913.525.8412.47-84.03122.43357.16-13.175.910.02-37.85-50.72
21Q2 (10)97.4923.99-18.08101.223.8852.8117.2942.3829.43.45-0.580391.4335.7334.7335.8990.624.7132.0826.635.4410.3716.5720.94237.45-6.4416.67486.549.7931.96263.08-5.42-12.011.75-1.133.55343.130.03.1754.280.00.031.10.00.0332.912.1338.52418.289.4228.4278.1153.41206.49411.025.42146.120.03-6.5657.37
21Q1 (9)78.63-34.17-61.2681.6923.94-44.0382.3833.69-18.143.4701.76288.38-7.5419.7418.830.481611.82104.33-1.325.798.89-5.329.87253.7920.399.17443.173.9323.3278.15-11.4412.11.771.146.63343.136.363.1754.280.06.1631.10.0-23.08296.886.8233.78382.275.2221.9430.821539.36138.63327.717.12130.560.03-11.1365.81
20Q4 (8)119.4413.641.6365.91-4.91-47.0961.6272.9-6.12000311.8910.511.6318.742.5299.57105.7320.22-6.179.3919.6812.39210.81-1.09-4.26426.4211.749.21314.07-4.4985.521.751.744.17322.6-1.83-3.0154.280.06.1631.10.0-23.08277.927.4626.2363.35.6116.521.88103.38106.05279.837.8147.940.03-4.52114.22
20Q3 (7)105.1-11.6914.2969.314.65-46.5635.64-60.68-45.7000282.22-2.86-5.7118.28-36.481977.2787.95-9.81-32.267.85-8.440213.134.72-5.36381.613.5-2.98328.839.9894.061.721.788.86328.6-1.2-1.254.280.06.1631.10.0-23.08258.637.6122.34344.015.6213.55-55.624.19-45.47203.0321.5817.240.0398.5188.96
20Q2 (6)119.01-41.37-20.7866.23-54.62-53.590.64-9.94123.030-100.00290.5220.63-21.7428.782516.3678.7697.52-1.12-18.798.575.90203.52-12.46-13.44368.712.58-4.5298.9920.542.641.691.813.05332.60.00.054.286.166.1631.1-23.08-23.08240.338.313.53325.723.97.41-73.348.07-107.94166.9917.49-5.340.02-1.55-31.81
20Q1 (5)202.9772.779.83145.9617.1732.26100.6453.3253.323.4100240.84-21.52-35.021.1-88.29-78.5698.62-12.48-24.768.10-3.150232.485.58-11.77359.43-7.94-14.72248.1246.5734.291.66-1.19-0.6332.60.00.051.130.029.8440.430.049.08221.910.76-14.67313.480.54-4.01-79.78-156.53-282.45142.13-24.85-40.580.0214.82-29.15
19Q4 (4)117.5327.810.0124.57-3.960.065.640.00.0000.0306.892.530.09.39967.050.0112.68-13.210.08.3600.0220.19-2.220.0390.45-0.740.0169.29-0.090.01.686.330.0332.60.00.051.130.00.040.430.00.0220.234.180.0311.82.910.0-31.118.630.0189.139.210.00.0228.780.0

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